Fidelity GNMA Fund (FGMNX)

Fund Assets	1.64B
Expense Ratio	0.46%
Min. Investment	$0.00
Turnover	620.00%
Dividend (ttm)	0.37
Dividend Yield	3.75%
Dividend Growth	-5.64%
Payout Frequency	Monthly
Ex-Dividend Date	Sep 30, 2026

Previous Close	9.91
YTD Return	-1.91%
1-Year Return	-1.30%
5-Year Return	-1.60%
52-Week Low	9.83
52-Week High	10.55
Beta (5Y)	0.27
Holdings	1888
Inception Date	Nov 8, 1985

About FGMNX

Fidelity GNMA Fund is a mutual fund designed to provide investors with a high level of current income while maintaining prudent investment risk. Its primary focus is on securities issued by the Government National Mortgage Association (Ginnie Mae), with at least 80% of its assets invested in Ginnie Mae mortgage-backed securities and related repurchase agreements. The fund may also hold other U.S. government securities and instruments issued by entities chartered or sponsored by Congress, though these are not necessarily backed by the U.S. Treasury. Catering to the intermediate government bond category, the fund exhibits relatively high credit quality and moderate interest rate sensitivity, as reflected in its effective duration of approximately five years. With over 2,000 bond holdings and significant diversification, Fidelity GNMA Fund plays a vital role in providing exposure to U.S. government-backed housing debt. This makes it an important component for market participants seeking to balance income generation with stability. The fund distributes income monthly and generally appeals to those seeking reliable cash flow and lower credit risk within the fixed income segment of their portfolios.

• Fund Family: Fidelity
• Category: GNMA
• Performance Rating: Average
• Risk Rating: Average
• Stock Exchange: Nasdaq
• Ticker Symbol: FGMNX
• Index: Bloomberg GNMA TR

Performance

FGMNX had a total return of -1.30% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.14%.

Equivalent Funds

These are funds that follow the same index from the other major fund companies.

Symbol	Provider	Name	Expense Ratio
VFIIX	Vanguard	Vanguard GNMA Fund Investor Shares	0.20%

Dividend History

Ex-Dividend	Amount	Pay Date
Sep 30, 2026	$0.03116	Oct 1, 2026
Aug 31, 2026	$0.03243	Sep 1, 2026
Jul 31, 2026	$0.03182	Aug 3, 2026
Jun 30, 2026	$0.03133	Jul 1, 2026
May 31, 2026	$0.03175	Jun 1, 2026
Apr 30, 2026	$0.0314	May 1, 2026

Data Sources: Tiingo, Financial Modeling Prep, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Financial Modeling Prep. Several fund data points are also provided by Finnhub.

Last checked:

Oct 15, 2026

Data Sources Report a data error